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Bizotic Commercial IPO is a book build IPO listing on BSE SME exchange. The company is based in Ahmedabad and caters to Textiles sector. Interactive Financial Services is the merchant banker of Bizotic Commercial IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th February 2023.
Bizotic Commercial IPO open date is 12th June 2023 and close date is 15th June 2023. IPO Allotment Date is 12th June 2023 and Listing date is 23rd June 2023.Bizotic Commercial IPO size is Rs 42.21 Cr. crores with IPO price of Rs 175.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Interactive Financial Services Limited is the book-running lead manager of the Bizotic Commercial IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Beeline Broking Ltd. for Bizotic Commercial IPO.
Bizotic Commercial IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Bizotic Commercial IPO, based in Ahmedabad, operates in the Textiles sector with a focus on Manufacturing, designing and marketing of readymade garments. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Bizotic Commercial IPO size is ₹ 42.21 Cr. Crores with fresh issue size of Rs 42.21 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Bizotic Commercial IPO is expected to be 12th June 2023, after the finalization of basis of allotment. Investors can check Bizotic Commercial IPO allotment status on the registrars website, Bigshare Services Private Limited. Bizotic Commercial IPO refund dates are 15th June 2023.
Bizotic Commercial IPO is expected to be listed on 23rd June 2023.
The upper price band for the Bizotic Commercial IPO is set at ₹ 175.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Bizotic Commercial IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Bizotic Commercial IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th June 2023. After submission, funds are blocked until the basis of allotment of Bizotic Commercial IPO is finalised.
The merchant banker for Bizotic Commercial IPO is Interactive Financial Services Limited . Interactive Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Bizotic Commercial IPO RHP for further details.
The registrar for Bizotic Commercial IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Bizotic Commercial IPO through their official website or helpline.
Bizotic Commercial IPO was subscribed 1.87 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 42.21 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.70 Cr.
Sector: Textiles
SME IPO so far:
76
Merchant Banker:
Interactive Financial
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 49.97 cr.
PE
Ratio:
36.38x
Average Sector PE Ratio: 19.35x
Bizotic Commercial IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Bizotic Commercial Financial Review Page
Merchant Banker(s) of Bizotic Commercial IPO: Interactive Financial Services Limited
Bizotic Commercial IPO subscription was 1.87 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Bizotic Commercial IPO listed at a listing price of 180.00 against the offer price of 175.00.
The current market price of Bizotic Commercial is 113.53.
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